An aging man narrating his life to a young historian claims to be the assumed-dead Billy the Kid and gives a very convincing story of his life as an outlaw, and how his friend took payment but only pretended to have killed him.

An aging man narrating his life to a young historian claims to be the assumed-dead Billy the Kid and gives a very convincing story of his life as an outlaw, and how his friend took payment but only pretended to have killed him.

Michael sets up his own arrest by the FBI as part of a plot to take down a Boston mobster. Elsewhere, Jesse and Pearce resort to blackmail to gain information on a gun sale, but their tactics don't go smoothly.